Thread: Archive News - Iraqi Dinar Think Tank - 06/05/09 - 04/09/09

Minister of Transport consider the contribution of German companies to invest in the development of the Iraqi market

Research and Transport Minister Amir Abdul-Jabbar Ismail ways to contribute to a number of officials and heads of German companies in the development of the ministry's performance and the possibility of investing in the Iraqi market.

A statement issued by the Information Office of the Ministry of Transport has received a copy of the eye media, the minister met during his current visit to Germany, the chairman of Thyssen Krupp, Germany, who expressed the willingness of the company to supply Iraq with concrete railway under the contract signed with the Company for the railway. Expressing the need for the establishment of workshops, technical training of professional staff in large and functional addition to the need for experts to develop the technology and techniques.

In the same vein, Minister of Transport met with the President of the Federation of Chambers of Commerce and Industry, Germany and in the presence of representatives of more than (15) company specializing in the transport sector in the areas and discussed with them the possibility of the arrival of German companies to Iraq to participate in investment and reconstruction.

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Najifi: question the oil minister is still present

Parliament / MP .. questioning about the Iraqi Osama Najifi to question the oil minister is still present, indicating the continuation of the positions of members of the House of Representatives that the claimants.

The Najifi told the independent press (Iba) today, Sunday, despite the fact that the motion is still pending with the Presidency, but the request made by the parliamentarians of the 120 deputies in favor, all calls to question the minister, Hussain al-Shahristani on topics related to the oil sector.

He added that the issue of licensing contracts for the first round of competition is nothing to do with the issue directly in the interrogation, where the view of some members of parliament, the minister responsible for certain problems in the oil sector.

Najifi denied the suggestion that the insistence of the House of Representatives to the questioning of al-Shahristani, a political goal, stressing that it was within the duty of activating the role of Parliament in the oversight and accountability of those responsible for the outstanding issues - as he put it.

It should be noted that the reports confirmed that the Iraqi government spent more than eight billion dollars for the rehabilitation and development of oil fields in recent years.

The House of Representatives decided last week to recall its oil minister for questioning and on government plans to auction an oil services contracts in the oil fields between the large domestic companies, foreign end of the month.

Meanwhile the Chairman of the Parliamentary Integrity Commission Sa'idi morning that a large number of deputies refused to pressure designed to prevent the questioning of al-Shahristani and other ministers in the government.

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Ambassador Hill: U.S. forces will withdraw from all cities without exception, the day after tomorrow, Tuesday

U.S. Ambassador Christopher Hill to Baghdad, U.S. forces will withdraw from all cities, next Tuesday, according to the agreement between Baghdad and Washington

Hill said during a round table on Sunday attended by the Independent Press Agency (EYBENS) troops will withdraw, even from the disputed areas in Kirkuk and Mosul, he said, adding that the United States will adhere to withdraw.

He stressed that the Iraqi forces able to replace U.S. forces, noting that the next stage, "we will be away from the stage of civil military issues, and we will intervene militarily when the need for Iraqi troops to our troops."

He stated that U.S. forces will withdraw from Tuesday, but will not reduce the number, until August 2010, where forces will be reduced from 130 thousand to 50 thousand.

Alltazam and the United States out of Iraq in accordance with Section VII of the Convention between Baghdad and Washington, Ambassador Hill said that his government will stick to paragraph (25) of the security agreement, with the help of Iraq, out of this item and said, "Iraq should strengthen its relationship with the countries in the Section VII, as it must be Iwtd relationship with neighboring countries to help in this matter."

And on the disputed areas, Hill said that the United States will support efforts by the United Nations in solving problems on the disputed areas, he said, adding "We hope the United Nations to make verses to solve this problem.

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Deputy PM discusses outcome of Iraqi-UAE business forum

BAGHDAD / Aswat al-Iraq: Deputy Premier Rafie al-Issawi on Sunday met with the chairman of the Iraqi National Investment Commission to discuss the outcome of the Iraqi-UAE business forum, hosted by the emirate of Sharjah.

“The meeting tackled the results of an Iraqi delegation visit to the United Arab Emirates, led by the deputy prime minister earlier this month, and the outcome of the Sharjah-based Iraqi-UAE business forum, which aimed to open the door to UAE investment companies to create economic partnerships…,” according to a statement released by Issawi’s office and received by Aswat al-Iraq news agency.

The meeting also tackled preparations for another business forum for Iraqi and Japanese investors.

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Iraq celebrates the Sovereignty
Manifestations of joy prevail the streets of Baghdad and other governorates, and preparations for reviving the popularity of the appropriate

Did not blow dust storm that swept the country on the list of preparations to celebrate the Day of the American withdrawal from the cities, while the detection and defense minister of the existence of plans to protect the security of the manifestations of joy Albuladeadt filled the streets of Baghdad and the provinces, and suspended the Iraqi flag and banners on the facades of buildings and the role.

With government cars roaming the streets, and civic voices calling stimuli known slogans of the expression of Bhjtahm on this day. Secretariat of Baghdad, and organize a festival with broad popular participation of a group of artists and singers, and I have invited the public to participate in the festivities held Saturday evening in a park Zawra, in the time of preparing the security services and military organization of the review to demonstrate the readiness and ability to take over the administration. He said the plan on behalf of civilian law enforcement to improve Sheikhli said the celebrations will be on the scope of today's public and official, noting that there are large celebrations will be held on this occasion in more than one location. and leadership of Baghdad, has received requests from groups to allow the creation of a mass celebration in the popular areas like the national events in other countries. to detect and Minister of Defense (morning) about the existence of plans to protect the security of the country until the end of the year in preparation for the completion of the development of various kinds of armed forces until the August next year, announcing the completion of preparations for Iraqi forces to take over their security after the withdrawal of U.S. cities from tomorrow.

For its part, the Secretariat reported that Baghdad has prepared a program full of it on this occasion includes the municipal districts of all the features of the lifting of adornment and joy and the lifting of the Iraqi flag and posters and leaflets in public areas of optical and intersections in the city of Baghdad, the Chairperson of each within the cut, as well as the organization of marches by the wheels of some services with slogans expression the joy of this event. She will also organize a march for a number of river boats and boats in the Tigris River, also carrying flags, and ornamental bands ranging from the popular Sarafiya bridge leading to the suspension bridge through the gardens of Abu Nawas. She said the skies of Baghdad, will also launch fireworks from the place of the celebration of the President in Zawra Park, as well as the celebration of the second place in the Abu Nawas street games and other laser, indicating that the celebration of the Central Sthieddih selected senior Iraqi artists, as well as delivering the necessary melancholy poems on Iraq and civilizations and glories and the unity of its people. and called upon all the citizens of Baghdad to participate in the commemorate this day by day will go down in history and address of the character and sovereignty, and HH Alhmok of Iraq and all Iraqis.

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Increasing oil exports came late – minister

The decision of the Iraqi Oil Ministry to increase oil exports to four million barrels per day (bpd) is correct but came late, said the Iraqi finance minister.

“By exporting four million bpd of oil, we would be able to have an annual budget of 200 billion U.S. dollars which would allow the development of services projects,” Bayan Jabr al-Zobaidi told Aswat al-Iraq news agency.

“Within the current budget of 60 billion U.S. dollars, we cannot develop infrastructures, as around 43 billion U.S. dollars go to the operational costs of salaries and social networks,” he said.

“We agree with this step taken by the Oil Ministry, but we say that it came late, as it was supposed to happen four years ago,” he added.

Al-Zobaidi pointed out that if Iraq were to export four million bpd of oil, it will become a “difficult number in the region, and will be influential in the political arena.”

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Parliament hosts 2 experts to discuss oil licenses

The Iraqi Parliament held its 25th regular session under Speaker Iyad al-Samarraie, during which it hosted two experts to provide their testimony on the first round of oil licenses.

“Two oil experts, Fayyad Hassan Neaama, from the Oil South Company, and Idress al-Yasseri presented their testimony in their capacity as experts in licenses,” according to a parliament’s statement received by Aswat al-Iraq news agency.

“They expressed their rejection of the first round of the oil licenses and voiced their concern for the possible losses as these contracts deprive Iraq from controlling the production and sale decisions,” the statement added.

The Iraqi Ministry of Oil will put off its draw of lots to select the winners of the first batch of oil licenses until Tuesday, according to a media spokesperson for the Ministry.

Spokesperson Isam Jihad cited bad weather conditions in the capital Baghdad and the subsequent closure of Baghdad International Airport as the main reasons behind the delay.

Earlier, Jihad said that his Ministry would unveil the winners of the first batch of oil licenses at 08:00 a.m. tomorrow (June 29) at al-Rasheed Hotel.

The contracts will be referred to the cabinet within six months after the winners are announced, Jihad had explained.

A few days ago, Minister of Oil Hussein al-Shahrestani said that his Ministry would refer oil exploration licenses to the cabinet for consideration and decision.

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Dollar sales reach 128m on Monday

Demand for the dollar jumped in the Central Bank of Iraq’s (CBI) auction on Monday, reaching $128.390 compared to $70.100 million in the previous session.

“The demand hit $15.100 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinars, and $113.290 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 13 banks that participated in today’s session offered to sell dollars.

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Urgent action to bridge the shortfall in some of the items of the ration card

The Supreme Committee for contracting and procurement for the Ministry of Commerce taken immediate action to meet the shortfall in some of the items of the ration card.

A member of the Raad Faris diamonds in a press statement on Monday that the Committee discussed ways over the past few days to take action to ensure prompt and proper to secure items of the ration card.

He explained that the Committee has given priority to fill the shortfall in some of the items of the card, along with a mechanism to keep the purchase through tenders in order to secure the stock of food sufficient for more than the next three months at least.

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The Commission on oil and gas demand to speed up in determining the date of the al-Shahristani

The Committee for the parliamentary oil and gas to speed up the presidency of the parliament to set a date for the questioning and the Oil Minister Hussain al-Shahristani.

He said Monday that the committee decided to lift the book to the Presidency of the Council of Representatives which calls for expediting the scheduling of interrogation.

In a related part of the Commission hosted the oil and gas director general of the parliamentary SOC Nima Hassan Fayyad to discuss the subject of the first round of licensing.

The Committee heard a detailed explanation of the blessing on the views and ideas raised in the Ministry of Oil regarding the first round of licensing and what the interest would accrue to Iraq from the signing of these licenses and its impact on the future of Iraq's oil industry and the economy of the country in general.

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